Market Update

Helping responsible homeowners and healing the market – Part 3

Posted on February 13, 2012. Filed under: bail out, Bank Regulation, Home Buyer Assistance, Homeownership Matters, Loan modification, Market Update |

In everybody’s book, the cost of this program is in the billions.  Who’s going to write that check? Today; Part Three -  ”How the heck are we going to pay for this?” Refinancing Plan Will Be Fully Paid For By a Portion of Fee on Largest Financial Institutions: The Administration estimates the cost of its refinancing [...]

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January market report in pictures…

Posted on February 13, 2012. Filed under: Market Update |

Because words are rarely the right medium…        

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January market report in…its going to be a good year.

Posted on February 12, 2012. Filed under: Market Update |

2012 January sales were 384 in Ada County, an increase of 10.4% over January 2011. This is the strongest January sales we’ve had since 2007. Historically, January sales are the lowest of the year. January sales decreased by 100 units from December; down 20%. In the previous two years the drop off in sales from [...]

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Helping Responsible Homeowners and Healing the Market – Part 2

Posted on February 9, 2012. Filed under: bail out, Bank Regulation, Homeownership Matters, Loan modification, Market Update, Mortgage Interest Deduction |

Reactions to the President’s Plan; “Blueprint for an America Built to Last” are all across the board ranging from jubilation to angst. Will this plan exacerbate the slowness of our recovery or enable 10′s of millions of homeowners breathing room for their own family’s return to financial stability. With its focus on principal reduction, the lending community [...]

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Helping Responsible Homeowners and Healing the Market

Posted on February 3, 2012. Filed under: bail out, Homeownership Matters, Loan modification, Market Update, Mortgage Interest Deduction |

In his State of the Union address, President Obama laid out a Blueprint for an America Built to Last, calling for action to help responsible borrowers and support a housing market recovery. While the government cannot fix the housing market on its own, the President believes that responsible homeowners should not have to sit and [...]

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Realtors® Support Obama’s Efforts to Assist Housing Market and Help Homeowners Refinance

Posted on February 1, 2012. Filed under: bail out, Homeownership Matters, Legislative Update, Market Update |

WASHINGTON (February 1, 2012) – The National Association of Realtors® commends President Obama for pledging to assist homeowners and the struggling housing market, because restoring the health of the housing market is critical for the nation’s economic recovery. “As the nation’s leading advocate for homeownership and housing issues, NAR knows that stabilizing the housing market [...]

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December market report in pictures

Posted on January 30, 2012. Filed under: Market Update |

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Who’d you say we were again…?

Posted on December 30, 2011. Filed under: Committee Updates, Ethics, Legislative Update, Market Update, Member Benefits, President Post, Uncategorized |

Who’d you say we were again…? I called a friend at NAR earlier this week.  Frederik Heller is an archivist with NAR’s library and has been working on a project to record the contributions of REALTORS® to American history. I told him I wanted to add something special to my end of year retrospective and [...]

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Our 5-Point Housing Solutions Plan

Posted on October 26, 2011. Filed under: bail out, Bank Regulation, Home Sales, Homeownership Matters, Legislative Update, Loan modification, Market Update, Marketing |

NAR worked with two well-respected policy think tanks – the Progressive Policy Institute (PPI) and the Economic Policies for the 21st Century (e21) – that organized and conducted a policy meeting on October 4. New Solutions for America’s Housing Crisis brought together policy leaders, industry representatives, Members of Congress, thought leaders and the media to present ideas and make actionable recommendations [...]

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Understanding the new HARP home refinance program

Posted on October 25, 2011. Filed under: bail out, Bank Regulation, Homeownership Matters, Loan modification, Market Update |

The following is reposted from KFMB TV8 in San Diego… By Kirk Haverkamp Provided by  So what do the new changes to the government’s Home Affordable Refinance Program (HARP) mean for you? If you’re an underwater homeowner, it could mean a lot. In fact, it could be the thing that finally allows you to refinance your [...]

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